NamasteIndia automaker Mahindra & Mahindra and China’s Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing plant in India and are awaiting New Delhi’s approval.
Joint Venture: Mahindra & Mahindra (India) and Shaanxi Automobile Group (China)
Investment: $3 billion
Majority Stake: Mahindra & Mahindra
Location: Proposed in Gujarat, India
Focus: Manufacturing assembled cars, engines, and car batteries
Types of Vehicles: Electric vehicles (EVs), commercial vehicles, and passenger cars
Approval Status: Awaiting approval from New Delhi
Regulations: Subject to Indian government regulations on Chinese investments since 2020
This venture aims to boost India’s automotive industry and export capabilities, with a strong emphasis on electric and commercial vehicles.
Originally published on LinkedIn on 2024-08-09 20:16:34: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A2474261-7227769754013298688
NamasteElectricIndia Amazon pledges to add 10000 electri vehicles in India for their transportation by 2025.
Electric Delivery Vans:
Amazon has partnered with Rivian to develop custom electric delivery vans.
Goal: 100,000 electric vans on the road by 2030.
Current Status: Over 15,000 electric vans are already in operation across the U.S. and Europe.
Amazon has partnered with Mahindra Electric to deploy electric three-wheelers for deliveries in India.
The Climate Pledge:
Amazon co-founded The Climate Pledge in 2019.
Commitment: Achieve net-zero carbon by 2040.
Includes transitioning to electric vehicles to reduce carbon emissions.
Corporate Electric Vehicle Alliance:
Amazon joined forces with the nonprofit CERES and other fleet operators.
Aim: Accelerate the transition to electric vehicles across various industries.
Partnerships in India:
Amazon has partnered with Mahindra Electric to deploy electric three-wheelers for deliveries in India.
These electric vehicles are part of Amazon India’s commitment to include 10,000 EVs in its delivery fleet by 2025.
These initiatives are part of Amazon’s broader strategy to decarbonize its transportation network and contribute to a more sustainable future.
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Originally published on LinkedIn on 2024-08-08 03:16:34: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7227150671869820928
NamasteAmazon’s sustainability Chief: ‘We have to act now’ on climate
Climate Pledge: Amazon aims to eliminate carbon emissions by 2040 through its Climate Pledge initiative.
Bold Steps: Companies committing to the Climate Pledge must take significant actions to make their operations more sustainable.
Amazon’s Initiatives:
Incorporating electric vehicles in delivery fleets.
Supporting clean technologies in sectors like air and sea transport, steel, and cement manufacturing.
Let’s keep pushing for a greener future!
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Originally published on LinkedIn on 2024-07-23 15:04:21: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7221530584777416704
